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    Policy

    Energy & Climate

    Yesterday

    Michael Myer, chairman of Sunshine Hydro, at site of its proposed Djandori 300 MW green hydrogen project south of Gladstone, Qld.

    Hydrogen credit could blow its $6.7b budget

    Sunshine Hydro chairman Michael Myer says international investment could mean the cost of the budget measure blows out, but is still worth the benefits.

    • Ben Potter

    This Month

    Brian Craighead, founder of Energy Renaissance, says the $523 million budget “battery breakthrough” funding can help Australia’s only lithium ion battery maker expoand sufficiently to underwrite a massive expansion in critical minerals. Photo: Louie Douvis

    The game changer on battery-making is still to come

    The founder of Australia’s only lithium-ion battery-maker says a $523 million budget boost will help underwrite a boom in critical minerals.

    • Ben Potter

    This could be the biggest local energy shake-up since the late ’70s

    The budget leg-up for the ‘Future Made in Australia’ through green metals is ultimately about shoring up Labor’s electoral base.

    • Andrew Clark
    The Australian Renewable Energy Agency is a big winner from the federal budget.

    Arena to receive $5.1b to back renewable energy

    A big winner is the Australian Renewable Energy Agency, a body threatened with abolition a decade ago.

    • Ben Potter

    Blue-sky thinkers block the sun to fight climate change

    It might sound like science fiction, but a mix of scientists and venture capitalists are working on plans to block the sun to slow global warming.

    • Peter Ker and Lap Phan
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    International Energy Agency executive director Fatih Birol.

    The world’s wiliest climate warrior? It’s not who you think

    International Energy Agency boss Fatih Birol, a lifelong bureaucrat with roots in the oil industry, has made the net zero transition a personal mission.

    • Hans van Leeuwen
    International Energy Agency executive director Fatih Birol.

    Australia doesn’t need nukes: International Energy Agency boss

    Global energy tsar Fatih Birol says Australia should play to its strengths in renewables, and there should be less emotion and politics in energy discussions.

    • Hans van Leeuwen
    Gas for power generation is far from cooked.

    Labor locks gas firmly into energy transition

    The Future Gas Strategy reaffirms a strong role for gas, but despite the title it is light on ideas to get there.

    • The AFR View
    Exploratory gas well on Tanumburini Station which is part of a gas exploration and production process in the Beetaloo Basin in the Northern Territory.

    ANZ hardens policy against bankrolling oil and gas projects

    The bank says it will “no longer provide direct financing to new or expansion upstream” projects, practically ruling out lending to the largest proposals.

    • Ben Potter
    Resources Minister Madeleine King: Turning off gas overnight would do untold damage to our economy.

    We will need new sources of gas

    Australia is committed to reaching net zero emissions by 2050, and we will need gas to get there.

    • Madeleine King
    An evidence-based approach is key.

    A concrete path to greener business

    Michele Roberts, Academic Director at UNSW’s Australian Graduate School of Management, shares key advice for businesses to take authentic steps to a greener future.

    Sponsored 

    by UNSW Australian Graduate School of Management

    AGL chief Damien Nicks.

    CEO hails progress as AGL ups guidance again

    The energy giant backed by software billionaire Mike Cannon-Brookes bumped the lower bound of its full-year guidance up by $80 million.

    • Updated
    • Ben Potter and Jemima Whyte
    Without a global ranking system for supply chain sustainability, it’s hard to know exactly how Australia stacks up.

    On the road to greener supply chains

    Australia’s supply chains are not the most sustainable. But there are signs of change – including the electrification of transport.

    Sponsored 

    by LDV

    Research has found the vast majority of tenants are more likely to stay in a property with green credentials.

    Australian business leads the way with sustainable financial solutions

    With four out of five buildings projected to still be standing in 25 years, the imperative for green initiatives in real estate has never been clearer.

    Sponsored 

    by CBA

    HMC Capital’s David Di Pilla and former prime minister Julia Gillard have teamed up to launch a $2 billion Energy Transition Fund.

    ‘True energy impact’: Di Pilla defies gloom, appoints Gillard to $2b fund

    The ASX-listed HMC Capital is banking on plenty of investor interest to defy a gloomy market outlook on the transition to clean energy for its latest vehicle.

    • Ben Potter
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    Isuzu’s D-Max ute.

    What Charles Dickens can teach you about utes

    The English author mapped out the lobbying tactics of the legacy car makers against vehicle emissions standards 170 years ago.

    • Tristan Edis
    Ben Potter, Jacob Greber on The Fin.

    Nuclear power: Could we? Should we?

    This week on The Fin podcast: Ben Potter and Jacob Greber on Dutton’s atomic bet, the economics of nuclear energy and whether the AI revolution changes the debate.

    Charles Rattray, chief executive of Southerly Ten, which has won two feasibility licences for offshore wind developments in Gippsland waters.

    Offshore Gippsland licences to unlock $100b of generation

    The winners of a dozen offshore wind licences are preparing for offtake auctions that seek to harness world-class resources.

    • Ben Potter
    Our big firms are eyeing proposed new climate disclosure rules telegraphed by the Albanese government to come into force in FY26.

    Australian businesses ramp up recycling ahead of new climate rules

    As Australia gears up for a seismic shift in the enforcement of climate disclosure rules, the nation’s waste management sector is getting ahead of the curve.

    Sponsored 

    by BINGO Industries

    April

    “With current supplies of gas dwindling, new supply will be needed – even as we electrify at pace,” said Mr Bowen, pictured with Victorian Energy Minister Lily D’Ambrosio.

    New gas supplies ‘needed’ says Bowen as Gippsland wind takes off

    Energy Minister Chris Bowen believes Australia has no option but to seek new supplies of gas even as he green-lights six potential offshore Gippsland wind projects.

    • Jacob Greber